Old Second Bancorp vice chair sells 16,000 shares
The vice chairman's reported post-transaction positions include directly held shares, 401-K and IRA holdings, and restricted stock units.
Rhea-AI Filing Summary
At Old Second Bancorp Inc. (OSBC), Vice Chairman and director Gary S. Collins reported selling 16,000 common shares on September 23, 2026, at a weighted-average price of $24.6925 per share; reported sale prices ranged from $24.575 to $24.75. His reported holdings afterward included 14,136 directly held common shares, 7,095 shares through a 401-K, 53,136 shares through IRAs, and 37,312 restricted stock units. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,000 shares
Net Sell
4 txns
Insider
COLLINS GARY S
Role
VICE CHAIRMAN
Sold
16,000 shs ($395K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Old Second Bancorp, Inc. Common Stock F1 | 16,000 | $24.6925 | $395K |
| holding | Old Second Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Old Second Bancorp, Inc. Common Stock F2 | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Old Second Bancorp, Inc. Common Stock — 14,136 shares (Direct);
Old Second Bancorp, Inc. Common Stock — 7,095 shares (Indirect, By 401-K);
Old Second Bancorp, Inc. Common Stock — 53,136.085 shares (Indirect, IRA);
Restricted Stock Units — 37,312 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.575 to $24.75, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. Included in this total are 30,880 shares in a ROTH IRA and 22,256.085 in a traditional IRA.
Key Figures
Common shares sold: 16,000 shares
Weighted-average sale price: $24.6925 per share
Reported sale-price range: $24.575 to $24.75 per share
+4 more
7 metrics
Common shares sold
16,000 shares
September 23, 2026
Weighted-average sale price
$24.6925 per share
September 23, 2026
Reported sale-price range
$24.575 to $24.75 per share
Inclusive; September 23, 2026
Direct common shares after transaction
14,136 shares
Reported September 23, 2026
401-K shares
7,095 shares
Reported September 23, 2026
IRA shares
53,136 shares
Reported September 23, 2026
Restricted stock units
37,312 units
Reported September 23, 2026
Key Terms
weighted average price, 401-K, ROTH IRA, traditional IRA, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
401-K financial
"By 401-K"
ROTH IRA financial
"30,880 shares in a ROTH IRA"
A Roth IRA is a retirement savings account you fund with money that’s already been taxed, and withdrawals taken in retirement under the account rules are tax-free. It matters to investors because it shifts the tax bill to today instead of retirement, potentially increasing after-tax income later—think of it like paying for a lifetime subscription now so you can use it without extra charges in the future—helpful for long-term tax planning and flexibility.
traditional IRA financial
"22,256.085 in a traditional IRA"
Restricted Stock Units financial
"Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What OSBC holdings were reported after the sale?
Vice Chairman Gary S. Collins's reported holdings included 14,136 directly held common shares, 7,095 shares through a 401-K, 53,136 shares through IRAs, and 37,312 restricted stock units. The IRA holdings included 30,880 shares in a Roth IRA and 22,256 shares in a traditional IRA.
AI-generated analysis. How Rhea-AI works. Not financial advice.